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Economics - Financial Markets 19 Online
OpenStudy (anonymous):

Do all states have income tax withholdings.

OpenStudy (anonymous):

And here's all of them: * Alaska – no tax on individuals but there is a state corporate income tax * Florida – no tax on individuals but there is a state corporate income tax. Once had tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc.) but will be abolished starting in 2007. The Florida Constitution explicitly prohibits a personal income tax. * Nevada * New Hampshire – does have tax on interest and dividends, wages earned in other states, and wages earned by non-residents * South Dakota * Tennessee – does have tax on interest and dividends * Texas – in May 2006, passed a gross receipts tax on businesses. The Texas Constitution places severe restrictions on passage of a personal income tax and use of its proceeds. * Washington – has a corporate tax called the "Business and Occupation Tax (B&O)" * Wyoming Sources: http://en.wikipedia.org/wiki/State_income_tax#U.S._States_without_a_personal_income_tax

OpenStudy (anonymous):

^ Thanks I searched yesterday and I think there 9 states that dint have income tax withholdings

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